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WiM044 - The Saylor Series | Episode 10 | The Death of Gold
The "What is Money?" Show
The Problem With Gold Mining
Gold is mathematically erroneous because you're just shuffling metallic tokens, and it's not a closed system. The custodial rights of gold aren't really, they're not great. Custodio rights are really weak. And by hyper expensive, how much does it cost to secure a billion dollars worth of this stuffwyo hire 24 arm guard enou on fort knox alkas sotatlas tno o u sa,. It's scales with the amount stored, which is something that's very problematic. I wonder if you could carry five gold coins get away with it, or ten gold coins if you can’t get my little penknife thing?"
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